The former Alaska governor sparked rumours that she will run for high office by launching the 'One Nation' bus tour throughout the northeastern US, but said earlier this week that she has made no decisions on her political future as of yet.
Palin told reporters gathered outside her Gettysburg, PA hotel: "I honestly don't know. It's still a matter of looking at the field and considering much. There truly is a lot to consider before you throw yourself out there in the name of service to the public because it's so all consuming."
Palin also insisted that she is in no rush to make a decision because "there is still a lot of time for folks to make up their mind and jump in and get their campaigns together".
"The field isn't set yet, not by a long shot… I think the Republican field is already quite strong," she said. "It's gonna change up a lot. And I think there will be more strong candidates jumping in."
The politician, who resigned as governor of Alaska in 2009 before serving a full term, previously insisted that she still has a "fire in her belly" for politics.
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Watch amateur footage of Sarah Palin speaking to reporters in Gettysburg, PA below: